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An economy consists of three workers: Sean, Bob and Eric. Each works 10 hours a day and can produce two services: mowing lawns and washing
An economy consists of three workers: Sean, Bob and Eric. Each works 10 hours a day and can produce two services: mowing lawns and washing cars. In an hour, Sean can either mow 2 lawns or wash 1 car; Bob can either mow 1 lawn or wash 1 car; and Eric can either mow 1 lawn or wash 2 cars.
Determine how many lawns will be mowed and how many cars washed per day:
Lawns mowed cars washed
- All three spend their times mowing lawns
- All three spend their time washing cars
- All three spend half their time on each activity
- Sean spends half his time on each activity while Bob only washes cars and eric only mows lawns
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